Rep. Cleo Fields Acquires Meta Platforms, Inc. (NASDAQ:META) Shares

Representative Cleo Fields (D-Louisiana) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on February 03rd, the Representative disclosed that they had bought between $50,001 and $100,000 in Meta Platforms stock on January 20th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

  • Purchased $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 1/20/2026.
  • Purchased $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 1/20/2026.
  • Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
  • Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/12/2026.
  • Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 1/8/2026.
  • Purchased $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/26/2025.
  • Sold $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 12/26/2025.
  • Sold $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 12/26/2025.
  • Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/15/2025.
  • Sold $1,001 – $15,000 in shares of SoundHound AI (NASDAQ:SOUN) on 12/15/2025.

Meta Platforms Trading Up 0.2%

Shares of Meta Platforms stock opened at $670.21 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The business has a fifty day simple moving average of $656.48 and a two-hundred day simple moving average of $695.54. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a market capitalization of $1.69 trillion, a price-to-earnings ratio of 28.52, a P/E/G ratio of 1.14 and a beta of 1.28.

Meta Platforms (NASDAQ:METAGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating the consensus estimate of $8.16 by $0.72. The firm had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the company earned $8.02 earnings per share. Research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s dividend payout ratio is 8.94%.

Institutional Investors Weigh In On Meta Platforms

Large investors have recently bought and sold shares of the company. Westchester Capital Management Inc. acquired a new stake in shares of Meta Platforms in the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Meta Platforms during the 4th quarter worth $29,000. Bare Financial Services Inc bought a new stake in shares of Meta Platforms during the 2nd quarter worth $30,000. Briaud Financial Planning Inc acquired a new stake in Meta Platforms in the second quarter valued at about $42,000. Finally, Knuff & Co LLC bought a new position in Meta Platforms in the second quarter valued at about $44,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms News Summary

Here are the key news stories impacting Meta Platforms this week:

Insider Activity

In related news, CFO Susan J. Li sold 6,875 shares of the stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $4,190,037.50. Following the completion of the transaction, the chief financial officer owned 88,370 shares of the company’s stock, valued at $53,857,980.20. This represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert M. Kimmitt sold 600 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $609.35, for a total transaction of $365,610.00. Following the completion of the sale, the director owned 7,347 shares in the company, valued at $4,476,894.45. This represents a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 39,594 shares of company stock valued at $24,325,407. Corporate insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Wedbush upped their price target on shares of Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Guggenheim upped their target price on Meta Platforms from $800.00 to $850.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research note on Monday, December 29th. Wolfe Research restated an “outperform” rating and issued a $850.00 price target (up from $800.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Finally, Robert W. Baird increased their price objective on Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $848.50.

View Our Latest Report on Meta Platforms

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

Meta Platforms Company Profile

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Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.

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